Workers in OECD countries paid just over a quarter of their gross wages in tax on average in 2017, with just over half of countries seeing small increases in the personal average tax rate, according to a new OECD report, ‘Taxing wages 2018’.
The report covers personal income taxes and social security contributions paid by employees, social security contributions and payroll taxes paid by employers, and cash benefits received by in-work families. The report compares the calculation of these taxes in each member country, allowing a quantitative cross-country comparison of labour cost levels and the overall tax and benefit position.
Workers in OECD countries paid just over a quarter of their gross wages in tax on average in 2017, with just over half of countries seeing small increases in the personal average tax rate, according to a new OECD report, ‘Taxing wages 2018’.
The report covers personal income taxes and social security contributions paid by employees, social security contributions and payroll taxes paid by employers, and cash benefits received by in-work families. The report compares the calculation of these taxes in each member country, allowing a quantitative cross-country comparison of labour cost levels and the overall tax and benefit position.
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